Excerpt: The Myth of the Media Diet

Posted by

My friend Tadas Viskanta at Abnormal Returns was kind enough to publish an excerpt from the first chapter of my new book, Clash of the Financial Pundits. In the chapter, The Myth of the Media Diet, I talk about why it’s unrealistic to think we can simply “turn out the noise” and why a strategy of becoming a savvier consumer of financial news and opinion makes more sense…

***

The Myth of the Media Diet

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

—Charlie Munger

In a perfect world, you can put your money to work across stocks and bonds, cash and commodities, REITs and real estate, and be done with it. You can allow your invested assets to grow like mushrooms in the dark, and go through life utterly unfazed by the daily doings of others and the unfolding of economic and geopolitical developments in real time.

Sounds great, until you realize that this is not a perfect world and that news actually matters as it pertains to your portfolio. Things happen.

Keep Reading:

The myth of the media diet: an excerpt from Clash of the Financial Pundits (Abnormal Returns)

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. best chicago dj posted on May 18

    best chicago dj

    […]just beneath, are numerous absolutely not associated web sites to ours, nonetheless, they may be certainly worth going over[…]

  2. intimate lingerie for women commented on May 19

    intimate lingerie for women

    […]please stop by the web sites we adhere to, such as this 1, because it represents our picks in the web[…]

  3. hawaii real estate inspections commented on May 19

    hawaii real estate inspections

    […]that may be the finish of this post. Here you will find some web sites that we consider you will enjoy, just click the hyperlinks over[…]

  4. Evolved Wild Orchid Vibrator commented on May 20

    Evolved Wild Orchid Vibrator

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless truly worth taking a look, whoa did a single find out about Mid East has got extra problerms at the same time […]

  5. Anal Dildo commented on May 20

    Anal Dildo

    […]very couple of internet sites that transpire to become detailed below, from our point of view are undoubtedly properly worth checking out[…]

  6. Velvet Plush Zuma Vibrator commented on May 20

    Velvet Plush Zuma Vibrator

    […]check below, are some totally unrelated internet websites to ours, having said that, they’re most trustworthy sources that we use[…]

  7. is adam and eve discreet commented on May 20

    is adam and eve discreet

    […]Here are a few of the internet sites we suggest for our visitors[…]

  8. how to use ring vibrator commented on May 21

    how to use ring vibrator

    […]The information and facts mentioned within the article are several of the very best accessible […]

  9. Best Wand Massager commented on May 21

    Best Wand Massager

    […]Here is a great Weblog You might Come across Exciting that we Encourage You[…]

  10. Best Personal Massager commented on May 21

    Best Personal Massager

    […]we prefer to honor many other world-wide-web web-sites on the net, even when they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  11. Best Rabbit Vibrator commented on May 22

    Best Rabbit Vibrator

    […]check beneath, are some absolutely unrelated internet websites to ours, however, they may be most trustworthy sources that we use[…]

  12. Anal Lube Review commented on May 22

    Anal Lube Review

    […]below you’ll uncover the link to some sites that we feel you must visit[…]

  13. best nipple stimulation commented on May 22

    best nipple stimulation

    […]Every as soon as in a while we choose blogs that we read. Listed beneath are the most up-to-date websites that we opt for […]

  14. ultra-powerful vibrator commented on May 22

    ultra-powerful vibrator

    […]Here is an excellent Blog You might Uncover Interesting that we Encourage You[…]

  15. rechargeable thrusting rabbit toy commented on May 22

    rechargeable thrusting rabbit toy

    […]although internet sites we backlink to beneath are considerably not connected to ours, we feel they’re essentially really worth a go through, so possess a look[…]

HowIInvestMyMoney